Victory Capital Management Inc. Has $772,000 Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Victory Capital Management Inc. boosted its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,500 shares of the technology company’s stock after buying an additional 1,999 shares during the quarter. Victory Capital Management Inc.’s holdings in PDF Solutions were worth $772,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PDFS. KBC Group NV boosted its stake in shares of PDF Solutions by 91.6% during the fourth quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock valued at $54,000 after purchasing an additional 956 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of PDF Solutions during the fourth quarter valued at about $165,000. Franklin Resources Inc. boosted its stake in shares of PDF Solutions by 8.9% during the third quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock valued at $394,000 after purchasing an additional 1,025 shares in the last quarter. Inspire Investing LLC boosted its stake in shares of PDF Solutions by 13.7% during the fourth quarter. Inspire Investing LLC now owns 14,848 shares of the technology company’s stock valued at $402,000 after purchasing an additional 1,793 shares in the last quarter. Finally, Verition Fund Management LLC boosted its stake in shares of PDF Solutions by 50.4% during the third quarter. Verition Fund Management LLC now owns 26,803 shares of the technology company’s stock valued at $849,000 after purchasing an additional 8,980 shares in the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on PDFS shares. Rosenblatt Securities cut their price target on PDF Solutions from $40.00 to $37.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. Northland Securities reissued an “outperform” rating and set a $45.00 price target on shares of PDF Solutions in a research note on Tuesday, December 24th.

PDF Solutions Stock Performance

Shares of PDFS stock opened at $20.79 on Friday. The company has a market cap of $813.18 million, a P/E ratio of 207.90 and a beta of 1.59. The stock has a 50 day simple moving average of $24.66 and a two-hundred day simple moving average of $28.05. PDF Solutions, Inc. has a fifty-two week low of $20.17 and a fifty-two week high of $39.70.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.15). The firm had revenue of $50.09 million for the quarter, compared to the consensus estimate of $49.40 million. PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. On average, research analysts predict that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Michael B. Gustafson purchased 4,000 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were purchased at an average price of $23.06 per share, with a total value of $92,240.00. Following the transaction, the director now directly owns 22,574 shares of the company’s stock, valued at approximately $520,556.44. This represents a 21.54 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Kachig Kibarian purchased 34,356 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were purchased at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the transaction, the chief executive officer now directly owns 2,507,112 shares in the company, valued at approximately $57,162,153.60. The trade was a 1.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 11.13% of the company’s stock.

About PDF Solutions

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.